Community outrage and accusations ensue as BNB Chain takes the blame
Last night, the DecentraWorld token saw an alarming price drop. This happened as founders drained the BNB treasury and rug pulled the project. As a result, the scammers ran off with over $1 million worth of BNB tokens.
Summary:
DecentraWorld rug pull drains millions of funds
Last night, Twitter erupted with rug pull alarm bells as DecentraWorld’s native token DEWO lost most of its value in a matter of seconds. The price drop was unexpected as the project, and its native token had seen a very positive development trend up to that moment.
Unfortunately, as it later transpired, the price drop resulted from a rug pull worth over $1 million at the time. The founding team of DecentraWorld drained the treasuries of the project and stole 3,127 BNB.
Some Twitter users alleged that the rug pull happened just hours after SafeMoon whitelisted the DecentraWorld address as a Safeswap partner. Even…